15, HARLECH WALK, MELTON MOWBRAY, LE13 1JQ - £115,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 HARLECH WALK is a small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £176,300. It was last sold for £115,000 in March 2007, which was around 56% below the average March 2007 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

15 HARLECH WALK Sold Prices

Land registry data shows three sales for 15 HARLECH WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 15 HARLECH WALK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 23 MAR	£115,000	£259,701	56% below HPI
2004 23 NOV	£85,000	£233,624	64% below HPI
2001 25 MAY	£44,500	£130,690	66% below HPI

15 HARLECH WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 15 HARLECH WALK sales between May 2001 and March 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the March 2007 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 15 HARLECH WALK be worth now?

15 HARLECH WALK might now be worth an estimated £176,300.

This is based on house price inflation of 53.3%, between March 2007 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.3% inflationary increase is applied to the most recent sale price for 15 HARLECH WALK of £115,000 on 23rd March 2007. For the value to have increased from £115,000 to £176,300 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 15 HARLECH WALK has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2007 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HARLECH WALK has not materially changed since March 2007.

How Large is 15 HARLECH WALK?

15 HARLECH WALK is 86m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 15 HARLECH WALK lies on this distribution: 22% of detached houses houses are smaller than 15 HARLECH WALK, and 76% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 HARLECH WALK: Plot and Title Map

15 HARLECH WALK sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 15 HARLECH WALK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 HARLECH WALK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 HARLECH WALK?

15 HARLECH WALK is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 15 on HARLECH WALK.